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Wentworth Point Suburb Insights
VICLocation Information
Suburb Name
Wentworth Point, VIC
Distance from CBD
5.3 kmDemographics
Population
6,994
Median Income
$56,524
Area Information
Area
0.57 km²
Population Density
12270 people/km²
Property Market
Median Price
$1,130,867
Annual Growth
+18.8%Property Price Trend Analysis
Current Median Price
$1,130,867
Annual Growth
+18.8%
Quarterly Growth
+3.7%
Price Trends - Last 6 Months
2024-01
$986,598
+6.7%2024-02
$1,012,625
+5.3%2024-03
$1,023,396
+8%2024-04
$919,928
+12.1%2024-05
$1,082,014
+16.7%2024-06
$1,195,916
+8.9%Property Type Price Analysis
House
Median Price
$1,405,285
Growth Rate
+12.9%Available Listings
424 properties
Apartment
Median Price
$539,146
Growth Rate
+6.4%Available Listings
287 properties
Townhouse
Median Price
$817,592
Growth Rate
+10.3%Available Listings
108 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy